ArcelorMittal, a Luxembourgish multinational steel manufacturing corporation, agreed to acquire the remaining 67% stake in Condesa Tubos, a manufacturer of welded steel tubes and profiles, from Santander, BBVA, CaixaBank, Kutxabank, Bankinter, Caja Rural de Navarra and Banco Sabadell. Financial terms were not disclosed. Thanks to this integration, the Condesa Group's production facilities will benefit from ArcelorMittal's Engineering and R&D capabilities to improve and expand its technical offer in the Automotive sector and in the range of high-added-value products.